In recent years, many small local shops have closed because customers travel to large shopping centers or malls to do their shopping. Is this a positive or negative development?
These days, due to the impact of globalisation, people are more interested in doing their shopping at big malls rather than visiting neighbourhood stores, and
.
In my opinion, despite the closure of small stores, the impact of people doing business at large stores is positive because it saves money and effort for the people and benefits the government immensely.
Accept space
.
To begin
with, shopping at malls presents the customers with lots of benefits. Firstly
, they get to buy things at a low cost when compared to the traditional standalone stores, which is feasible because, the big stores cut the cost by eliminating the middlemen between a store and a manufacturer. For example
, retail chains like Sam's Club, operate with the motto "Save money, Live better" and pass on the benefits of low cost to their customers.
Secondly
, the customers get all their needs in one place. It saves them a tremendous amount of money and time. Moreover
, malls also
entertain their customers by organizing a variety of fun activities and promotional events. Consequently
, families plan their activities in such
a way that they complete the shopping and at the same time get entertained. For instance
, all major malls have cinema halls inside their campus. As a result
, people spend less time in travel from one place to another.
Additionally
, shopping at big stores benefits the state in various ways. With the organized retail sector, tax collection becomes easy for the government, which is not the case with small shops who dodge paying their taxes properly. Also
, the bigger malls provide more job opportunities to their communities. To illustrate this
, a recent study on shopping malls, shows that, employment opportunities increase by 15% in a community whenever a new mall opens.
To conclude, due to the economic benefits, it is evident that people and the government gain immensely from shopping in huge malls.Submitted by fd98701 on
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